Dues from Vodafone Idea results in ₹1,570 crore free cash flow for Indus Towers in June quarter
Indus Towers has said that most of the backlog receivables from Vodafone Idea has been collected in FY25, which has partly resulted in generating a free cash flow of ₹1,570 crore in the quarter ended June. But the passive telecom infrastructure company has decided to conserve cash for the short term.
With the cash-strapped telco clearing most of its past overdues to Indus, its trade receivables have come down by ₹406.4 crore during the June quarter to ₹4361.1 crore, after the telco paid back ₹88 crore in Q1 FY26, Indus Towers CEO Prachur Sah during an earnings call Thursday.
